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Strategies & Market Trends : Dividend Investing -- Ignore unavailable to you. Want to Upgrade?


To: bob wallace who wrote (203)6/19/2003 1:08:58 AM
From: Carl Brehm  Read Replies (2) | Respond to of 387
 
Why not get the best of both worlds.

Buy a stock like MCGC. Sell a covered call in the money 5 to 7 months out for a quick dollar or 2. Collect the next 2 dividends. Then either get called out of the stock or sell another covered call and do it again?